Reports Q3 revenue $201.88M, consensus $190.46M. Tangible book value per common share increased to $11.19, compared to $10.75 in the prior quarter. “We had a standout quarter, with credit outperformance and the return of bank buyers driving improved loan sales pricing, our capital strategy delivering a 25% larger balance sheet year to date, and strong financial performance translating to a meaningful improvement in book value per common share over the past 12 months,” said Scott Sanborn, CEO. “Looking ahead, our acquisition of Tally’s award-winning credit card debt monitoring and management technology will allow us to accelerate our product roadmap and further seize on the historically large $1.3T credit card refinance opportunity.”
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